No market calls. No single-name thesis. The portfolio is a systematic process that decides what to hold and how much, on a rule, and rebalances itself toward a fixed risk budget.
Markets trend more than they should. The book holds sleeves that go long or short futures markets based on whether an asset class is persisting in one direction — managed-futures strategies do this mechanically, across equities, rates, currencies and commodities. The point isn’t to forecast direction; it’s to let persistence carry the load and then size around the risk that creates.
Positions are scaled by the risk they contribute, not by dollars. Each leg carries a target slice of a fixed portfolio risk budget, so a calm asset can sit large and a wild one sits small — a risk-parity idea, with a volatility target on top.
When realized volatility rises across the book, the whole thing automatically de-risks, shifting weight into short-term T-bills. When it falls, it redeploys. The T-bill buffer is dry powder governed by volatility, not a market view and not idle cash.
The book is rebalanced on a rule, not a feeling. When a position grows beyond its risk budget — or when portfolio volatility drifts off target — the process trims winners and refills the T-bill buffer back toward target. The partial sells you’ll see in the log are this mechanism, not discretion.
Researched and backtested offline — statistics, stochastic-volatility and Bayesian work — then implemented live through a small set of liquid ETFs. Nothing here is hand-tuned to a recent regime; the same rule that backtested is the rule that trades.
Every day’s execution is recorded, and each record’s hash is anchored in the Bitcoin blockchain. So the holdings published on the next page are provably un-tampered since the stamp — you can verify that what you’re reading is what was actually logged, without trusting me.
Vagueness, on purpose. This page describes the shape of the process, not its parameters. Specific signals, lookback windows, target volatilities and exact weights stay private — they’re the part that took the work. The part you can verify (the holdings, the timestamp) is published in full.